Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Reaches New 1-Year Low – What’s Next?

Shares of Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $20.41 and last traded at $20.3940, with a volume of 343931 shares traded. The stock had previously closed at $20.41.

Invesco BulletShares 2033 Corporate Bond ETF Stock Performance

The business has a fifty day moving average price of $20.75 and a 200-day moving average price of $21.02.

Invesco BulletShares 2033 Corporate Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were issued a dividend of $0.0911 per share. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend was Monday, August 24th.

Institutional Trading of Invesco BulletShares 2033 Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the company. Clearstead Advisors LLC increased its holdings in shares of Invesco BulletShares 2033 Corporate Bond ETF by 157.8% during the fourth quarter. Clearstead Advisors LLC now owns 2,449,217 shares of the company’s stock worth $52,560,000 after purchasing an additional 1,499,330 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of Invesco BulletShares 2033 Corporate Bond ETF by 231.4% in the first quarter. Janney Montgomery Scott LLC now owns 629,946 shares of the company’s stock valued at $13,323,000 after buying an additional 439,873 shares during the period. Aptus Capital Advisors LLC boosted its stake in shares of Invesco BulletShares 2033 Corporate Bond ETF by 5.5% in the fourth quarter. Aptus Capital Advisors LLC now owns 6,878,553 shares of the company’s stock valued at $147,614,000 after buying an additional 356,790 shares during the period. Independent Financial Group LLC acquired a new stake in Invesco BulletShares 2033 Corporate Bond ETF during the first quarter worth approximately $4,347,000. Finally, Royal Bank of Canada grew its position in Invesco BulletShares 2033 Corporate Bond ETF by 94.4% during the first quarter. Royal Bank of Canada now owns 383,288 shares of the company’s stock worth $8,107,000 after buying an additional 186,120 shares in the last quarter.

About Invesco BulletShares 2033 Corporate Bond ETF

The Invesco BulletShares 2033 Corporate Bond ETF (BSCX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate investment grade bonds with effective maturities in 2033. BSCX was launched on Sep 20, 2023 and is issued by Invesco.